Introduction to Bookkeeping AAT Level 2: Study Text and Exam Practice Kit (Q2022) (AAT Level 2 Q2022)
Language: English
Published by Independently published, 2022
Series: Book 1 of 8 - AAT Level 2 Q2022
- Softcover
- Used
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- Title
- Introduction to Bookkeeping AAT Level 2: Study Text and Exam Practice Kit (Q2022) (AAT Level 2 Q2022)
- Author
- Ltd, MarZar
- Publisher
- Independently published
- Publication year
- 2022
- Condition
- Very Good
- Binding
- Paperback
- Language
- English
- ISBN 13
- 9798845930385
- Item weight
- 653 grams
- Series
- Book 1 of 8: AAT Level 2 Q2022
Study Text and Exam Practice Kit
For AAT examinations from 1 September 2022 (Q2022 Syllabus).
This Study Text and Exam Practice Kit is produced by our expert team of AAT tutors. Our team have extensive experience teaching AAT and writing high quality study materials that enable you to focus and pass your exam. Our Study Text and Exam Practice Kits cover all aspects of the syllabus in a user friendly way and build on your understanding by including real style exam questions for you to practice.
This study text and exam practice kit explains the basic principles that underpin a double entry bookkeeping system.
- Business documents such as invoices, credit notes, bank statements, order forms, statements of account, remittance advices and petty cash vouchers.
- Types of discount such as trade, bulk and prompt payment discounts.
- How to enter customer sales invoices and credit notes into a sales day book, sales returns day book and discounts allowed daybook.
- How to enter supplier purchase invoices and credit notes into a purchases day book, purchases returns day book and discounts received daybook.
- Understanding the cash book, specifically how cash and bank transactions are recorded in a cash book and how data is transferred from the cash book to the relevant accounts in the ledgers.
- Understanding the petty cash book, specifically how transactions for petty cash are recorded in a petty cash book and how data is transferred from the petty cash book to the relevant accounts in the general ledger.
- The general ledger, receivables ledger and payables ledger.
- The purpose of a trial balance, the purpose of financial statements, the dual effect of transactions (debits and credits) and the accounting equation.
- The benefits and drawbacks of using digital bookkeeping systems.
- How to process recurring entries for receipts and payments.
Our AAT tutors work extensively to produce study material that is first class and absolutely focused on passing your exam. We hope very much that you enjoy this product and wish you the very best for exam success! For feedback please contact our team aatlivelearning@gmail.com or safina@acornlive.com
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